Student Loan

[Josh111]

I completed my degree a few years back now and moved to another country in the EU. The country I live in does not provide high wages (at all!). It recently struck me that I have never paid anything back on my student loan. Nothing has ever been sent to my old residence in the UK asking me to start paying etc and I suppose they dont know I'm outside of Britain. I realise it is my duty to pay back so checked the student loan site on what to do. I checked the minimum monthly repayment rates. In comparison to my income it is ridiculously unaffordable. Does anybody know if the payback rates are negotiable with them if you explain that, along with other outgoings, you cannot afford what they ask for? Help most appreciated.

[Gmcd01]

I don't know about negotiating lower repayments, but you don't start paying anything at all until you're earning over �15,000, so that could be why you've heard nothing from them. I believe the payments are deducted at source too.

[buildersmate]

Yes, they are. The link is via your NI number.

[Fairie]

I understand that you pay nothing from the first 15k of your salary and then pay a percentage of the amount you earn over the 15k.... so if you earn 20k you pay a percentage of the 5k not the 20k. Hope this helps, i've just finished Uni myself and as i am not yet working ain't heard anything from them.